Retirement accounts have lost $2 trillion That is an absolute mountain of cash. Reminds me of this scene. [ame=http://www.youtube.com/watch?v=jTmXHvGZiSY]YouTube - Austin Powers - 100 billion dollars[/ame]
It is alot of cash JoeyD, however we both know markets move both ways, up and down. What bothers me about that 2 Trillion dollar loss is flippin' Politicians were behind via Fannie and Freddie, as well as their addled minded CRA plan and the SEC sleeping at the wheel.
if you haven't changed the IRA allocation from stocks to fixed income / money market type accounts, you should do so NOW.
